Energy

According to multiple reports out of Iran and Pakistan, Iranian President Hassan Rouhani has taken renewed a threat to cut off international oil sales from the Persian Gulf. He is quoted as saying, “if someday, the United States decides to block Iran's oil (exports), no oil will be exported from the Persian Gulf.”

Rouhani also reportedly pledged that the US wouldn't be able to prevent Iran from exporting its crude oil. “America should know… it is not capable of preventing the export of Iran’s oil . . . If it ever tries to do so… no oil will be exported from the Persian Gulf.”

Rouhani also reportedly said that Iran will continue to sell its oil and the United States will not succeed in cutting Iran’s economic ties with the region and the world.

Rouhani has previously stated that he does not want a war with the United States, but insists that, "America must think again about her presence in the region, in the Persian Gulf, in the Sea of Oman, in Afghanistan, in Iraq and other places."